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SELECT MAGIC

Active Private limited companyfounded 1987active for 39 yearsPilkemseweg 139, 8904 YpresKBO/BCE: BE 0431.757.292
SELECT MAGIC
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Overview

Lifetime

20 annual accounts with figures on one time axis, 38 filings since 1988
peak €72,418 (2006)
€28,808▼ 9.2%
lowest -€25,615 (2012)
€8,684▼ 26.6%
peak €126,026 (2011)
€97,828▲ 9.7%
€222,398▼ 11.4%
peak 0.5 FTE (2006)
-not published
Board2 names since 2021
1 directorJozef Denys
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Result from €11,833 to €8,684Cash from €2,619 to €1,122

Key points

from the 2025 annual accounts

Equity

€97,828 ▲ 9.7%

SELECT MAGIC has made a profit without a break since 2023.

Turnover

≈ €130,000 estimated

The accounts state no turnover.

Filings

38 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

Five of the last ten came late. The 2018 accounts came latest: 61 days after the end of the period.

Checked score

83
Excellent
Financially stronger than 45% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.4 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Average

54+4equity 29.2% of total assets
21+1short-term debt 57.3% · cash 0.3%
72-1return on assets 2.6%

Score breakdown

raises risk
Sector: Retail trade (NACE 47)
Liquidity: current ratio 1.11, cash €1,122, halved
lowers risk
Founded in 1987
Size: total assets €335,506
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 45% of them on solvency, 19% on liquidity, 55% on profitability and 60% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 3,984 companies had the same profile as SELECT MAGIC has now. Each dot stands for 10 companies, two years later.

96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SELECT MAGIC itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,984 companies, not a prediction for SELECT MAGIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €8,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.11 (1.01 in 2024), below the usual 1.5. Short-term debt is 57.3% and cash 0.3% of total assets. 70.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.11, cash €1,122, halved
NBB · annual accounts
lowers risk · Size: total assets €335,506
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €97,828
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
6 days early
2023
30 days late
2022
13 days early
2021
4 days early
2020
1 day early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

JD
Jozef Denys
Director
  • Els Zwaenepoel 10 sharesdeed of 19-01-2024
  • Jozef Denys 390 sharesdeed of 19-01-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0431757292
Reappointment: Jozef Denys (director) Appointment: Els Zwaenepoel (successor director) · “SPECIFIEKE ACTIVITEITEN; ALGEMENE ACTIVITEITEN; BIJZONDERE BEPALINGEN; De vennootschap mag alle verrichtingen…” (deed in Dutch) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · Gazette deed
First establishment Pilkemseweg 139A, Ypres
Incorporation published on 16-09-1987 · Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
SELECT MAGIC Ypres €335,506 €28,808 29.2% -
BUP Kortrijk €354,403 €34,094 44.8% -
ELFLOR Hooglede €276,516 €29,391 51.7% -
De Beir Kortrijk €367,987 €25,266 33.4% -
THOMA OKAZE - BOG ART MUSIC Asse €341,693 €24,105 10.3% -
VDR GROEP Roeselare €336,198 €41,828 30.7% -
DOMINO DECOR Wavre €380,956 €35,032 78.8% 0.5

These companies have the same main activity as SELECT MAGIC: other retail sale of new goods (NACE 47789). They are comparable in size and age: total assets between €277,000 and €381,000, founded between 1977 and 1992.

Official details

Source: KBO
Status
Active since 19-08-1987Normal situation
Activity
Other retail sale of new goodsNACE 47789and 2 others
Establishment unit
2.030.095.4798904 Ypres, since 02-09-1987
Financial year end
31 December
Peppol
Reachable since 03-12-2025
Company details

Annual accounts 2025

€28,808▼ 9.2%
€8,684▼ 26.6%
€97,828▲ 9.7%
€335,506▼ 6.1%
Filing
Filed on 23-07-2026, 8 days before the end of the filing period
Financials

Insights on SELECT MAGIC

SELECT MAGIC files the abbreviated format. That format states no turnover. The gross margin fell from €72,418 in 2006 to €28,808 in 2025.

The balance sheet grew most in 2011 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 23-07-2026, 8 days before the deadline
€28,808
▼ 9.2%
€9,865
▼ 26.8%
€8,684
▼ 26.6%
€20,356
▲ 642%
29.2%
▲ 4.2 percentage points
1.11
▲ 0.09

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €130,000. Estimated: probably between €73,000 and €250,000.

Balance sheet

balance sheet total €335,506 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

29.2%

Higher than 42% of 12,856 companies in 2025.

1.11

Higher than 31% of 12,646 companies in 2025.

2.6%

Higher than 41% of 12,719 companies in 2025.

SELECT MAGIC Middle half of the sector 80% of the sector Abbreviated accounts in retail trade (NACE 47)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 335,506357,281347,959368,305382,956397,544425,766425,960441,183452,276473,839481,305503,208521,512532,758300,375308,665314,775332,043328,819
21/28 122,910139,906139,040149,207162,352175,768192,527209,973226,952243,244261,365274,804290,351308,023323,71897,120105,138119,013132,909148,140
21 ------------------5099
22/27 122,910139,906139,040149,207162,352175,768192,527209,973226,952243,244261,365274,804290,351308,023323,71897,120105,138119,013132,859148,040
22 108,417121,740135,070148,400161,730175,060191,323207,671222,612238,819255,026271,236287,470303,727319,07393,74798,781103,816108,851113,886
23 3,8004,0433,9698076227081,2042,3024,3404,4256,3393,5682,8824,2964,6453,3736,35710,69615,00620,651
24 10,69214,122---------------4,5019,00213,503
29/58 212,596217,375208,920219,098220,604221,775233,239215,987214,231209,032212,474206,501212,857213,489209,039203,255203,527195,762199,134180,680
3 189,988193,073186,658192,671196,895198,644203,913196,019188,186187,687185,210182,196188,463186,905187,802179,914176,987175,054154,078145,981
30/36 189,988193,073186,658192,671196,895198,644203,913196,019188,186187,687185,210182,196188,463186,905187,802179,914176,987175,054154,078145,981
40/41 18,11318,45917,73518,68220,80920,28721,27913,28018,06515,70322,65419,67318,16317,45418,43619,39819,01515,89631,08619,909
40 17,45816,86917,66518,61220,73919,86221,20913,21017,99515,63322,58419,60318,09317,38418,38118,78618,40215,20830,32019,234
41 6541,591707070425707070707070707055613613688766675
54/58 1,1222,6193,1036,3571,5391,4896,6585,3426,4994,2643,2393,2254,9697,9061,4782,4915,8554,81213,97014,790
490/1 3,3743,2241,4251,3871,3601,3551,3891,3471,4811,3781,3721,4071,2621,2241,3251,4521,670---
Balance sheet: equity and liabilities
10/49 335,506357,281347,959368,305382,956397,544425,766425,960441,183452,276473,839481,305503,208521,512532,758300,375308,665314,775332,043328,819
10/15 97,82889,14577,31276,81184,96492,02595,17481,53367,35874,80764,33975,54586,221100,411126,02619,78619,91324,53830,57434,699
10/11 18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
10 ---18,59218,592---------------
100 ---18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
11 18,59218,59218,592-----------------
1109/19 18,59218,59218,592-----------------
13 59,19764,78270,36675,95181,53587,12490,85893,10293,02397,938102,853107,768112,683117,597122,51313,35913,35913,35913,35913,359
130/1 ---1,8591,8591,859--------------
130 ---1,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,859
132 57,33862,92368,50774,09179,67685,26588,99991,24291,16496,079100,993105,908110,824115,738120,65311,50011,50011,50011,50011,500
133 1,8591,8591,859-----------------
14 20,0395,771-11,646-17,732-15,163-13,691-14,277-30,160-44,257-41,723-57,105-50,814-45,054-35,778-15,078-12,165-12,038-7,413-1,3772,747
16 15,27917,14119,00220,86422,72524,58831,29333,49641,02143,55146,08248,61351,14453,67556,206-----
168 15,27917,14119,00220,86422,72524,58831,29333,49641,02143,55146,08248,61351,14453,67556,206-----
17/49 222,398250,995251,645270,631275,267280,931299,299310,931332,805333,918363,417357,146365,843367,426350,526280,588288,753290,237301,468294,120
17 29,98536,18942,10147,72753,09460,11276,27191,956107,201159,906173,904187,312200,190212,542224,390137,982144,940153,576162,246170,535
170/4 29,98536,18942,10147,72753,09460,11276,27191,956107,201159,906173,904187,312200,190212,542224,390137,982144,940153,576162,246170,535
42/48 192,241214,633209,372222,731221,990220,670223,014218,660225,273173,094188,456169,623164,515153,897125,861141,431142,898134,149131,210117,565
42 6,2045,9125,6265,3677,01816,16015,68415,24514,81113,99813,40812,87812,35211,84811,34133,4598,6368,6708,2897,971
43 ----1,7735,047---39,25242,51312,47262,70241,27510,09951,79937,28118,66630,5237,466
430/8 ----1,7735,047---39,25242,51312,47262,70241,27510,09951,79937,28118,66630,5237,466
44 -5,242----------4,9784,6264,9722492,08811,6982,7013,814
440/4 -5,242----------4,9784,6264,9722492,08811,6982,7013,814
45 --1,7771,955387781,8674,8331,9656,3544,7531,3743,4554,8035,0953,2445,9694,9326,29713,860
450/3 --1,7771,955387781,8674,8331,9656,3544,7531,3743,4554,8035,0953,2445,9694,9326,29710,015
454/9 -------------------3,844
47/48 186,036203,480201,969215,409212,812199,385205,462198,582208,497113,491127,782142,89981,02891,34594,35452,68088,92490,18483,39984,454
492/3 173173173173183149133163309171,0572111,1399882751,1769142,5118,0136,021
Income statement
76A --------------171,253-3,667---
9900 28,80831,72017,3788,60210,82612,98635,34632,08118,68641,35119,38818,60118,3265,32424,37424,66521,48826,45939,68372,418
62 ------------------1,46216,334
630 18,16617,51314,21713,61413,91916,75917,97518,38618,24518,12119,09018,13317,67217,97816,9188,76613,87515,23415,23116,155
640/8 7777266926386506195845971,0605525735465385233731,1011,0371,0515,092995
9901 9,86513,4812,470-5,650-3,742-4,39116,78813,098-62022,679-275-78116-13,1767,08214,7986,57610,17317,89838,934
75/76B 9414-00061014-2647--553--181
75 9414-00061014-2647--553--181
65/66B 3,1363,5243,8304,3655,1825,4635,3556,4489,36014,74313,46613,12916,86315,01715,89014,92515,42116,20922,02319,611
65 3,1363,5243,8304,3655,1825,4635,3556,4489,36014,74313,46613,12916,86315,01715,89014,92515,42116,20922,02319,611
9903 6,8229,971-1,360-10,015-8,924-9,85411,4386,651-9,9807,936-13,737-13,207-16,721-28,146162,446-127-4,625-6,036-4,12419,503
780 1,8611,8611,8611,8611,863---------------
9904 8,68411,833501-8,153-7,061-3,14913,64014,176-7,44910,467-11,206-10,676-14,190-25,615106,240-127-4,625-6,036-4,12419,503
789 5,5845,5845,5845,5845,5893,7342,243-4,9154,9154,9154,9154,9154,9153,891-----
689 -------79------113,044-----
9905 14,26817,4176,085-2,569-1,47158515,88414,097-2,53415,382-6,291-5,761-9,275-20,700-2,913-127-4,625-6,036-4,12419,503
Appropriation of the result
9906 20,0395,771-11,646-17,732-15,163-13,691-14,277-30,160-44,257-41,723-57,105-50,814-45,054-35,778-15,078-12,165-12,038-7,413-1,37719,747
14P 5,771-11,646-17,732-15,163-13,691---------------
694/7 -------------------17,000
695 -------------------17,000
Social balance sheet
9087 ------------------0.50.5
Hours worked1013 ------------------76909
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 18 older financial years (1988-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 23-07-2026 2026-00319678 PDF
31-12-2024 micro format 25-07-2025 2025-00307932 PDF
31-12-2023 micro format 30-08-2024 2024-00403003 PDF
31-12-2022 micro format 18-07-2023 2023-00243287 PDF
31-12-2021 micro format 27-07-2022 2022-20227881 PDF
31-12-2020 micro format 30-07-2021 2021-43700486 PDF
31-12-2019 micro format 31-08-2020 2020-49200061 PDF
31-12-2018 micro format 30-09-2019 2019-67500064 PDF
31-12-2017 micro format 31-08-2018 2018-59700176 PDF
31-12-2016 micro format 28-08-2017 2017-50000154 PDF
31-12-2015 abbreviated format 30-08-2016 2016-50800437 PDF
31-12-2014 abbreviated format 24-08-2015 2015-46100272 PDF
31-12-2013 abbreviated format 28-08-2014 2014-51300245 PDF
31-12-2012 abbreviated format 30-08-2013 2013-54300112 PDF
31-12-2011 abbreviated format 29-08-2012 2012-49200219 PDF
31-12-2010 abbreviated format 02-08-2011 2011-37300297 PDF
31-12-2009 abbreviated format 13-08-2010 2010-41000511 PDF
31-12-2008 abbreviated format 24-08-2009 2009-62000170 PDF
31-12-2007 abbreviated format 07-07-2008 2008-37000197 PDF
31-12-2006 abbreviated format 30-08-2007 2007-67800025 PDF
31-12-2005 abbreviated format 30-08-2006 2006-73704757 PDF
31-12-2004 abbreviated format 14-07-2005 2005-49000572 PDF
31-12-2003 abbreviated format 01-07-2004 2004-38204366 PDF
31-12-2002 abbreviated format 31-07-2003 2003-58204274 PDF
31-12-2001 abbreviated format 15-07-2002 2002-38003714 PDF
31-12-2000 abbreviated format 17-07-2001 2001-39300104 PDF
31-12-1999 abbreviated format 13-07-2000 2000-41500353 PDF
31-12-1998 abbreviated format 05-07-1999 1999-30100864 PDF
31-12-1997 abbreviated format 15-07-1998 1998-33203444 PDF
31-12-1996 abbreviated format 07-07-1997 1997-28205117 PDF
31-12-1995 abbreviated format 05-06-1996 1996-13102366 PDF
31-12-1994 abbreviated format 29-06-1995 1995-32105310 PDF
31-12-1993 abbreviated format 10-06-1994 1994-14004501 PDF
31-12-1992 abbreviated format 18-06-1993 1993-15000217 PDF
31-12-1991 abbreviated format 05-06-1992 1992-09000317 PDF
31-12-1990 abbreviated format 10-06-1991 1991-08702672 PDF
31-12-1989 abbreviated format 07-06-1990 1990-07301376 PDF
31-12-1988 abbreviated format 08-06-1989 1989-07304670 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
28,03130,99416,6867,96410,17612,36734,76231,48417,62640,80018,81518,05517,7884,80224,00123,56420,45025,40733,12955,089
26,85029,34614,7185,4616,85813,61031,61532,56210,79628,5897,8847,4573,482-7,637123,1598,6409,2499,19811,10735,658
1,17018,3794,04946950205291,4071,95305,6512,58602,283337,26374801,33905,693
-1,497-484-3,2544,81851-5,1691,316-1,1582,2361,02513-1,744-2,9376,429-1,013-3,3651,044-9,158-820-
20,3562,742-452-3,633-1,3861,10510,225-2,672-11,04235,93824,01836,87848,34259,59283,17861,82460,62961,61367,92463,114
29.2%25.0%22.2%20.9%22.2%23.1%22.4%19.1%15.3%16.5%13.6%15.7%17.1%19.3%23.7%6.6%6.5%7.8%9.2%10.6%
1.111.011.000.980.991.011.050.990.951.211.131.221.291.391.661.441.421.461.521.54
0.120.110.110.120.110.100.130.090.120.120.140.140.150.170.170.170.190.150.340.30
2.272.823.253.523.243.053.143.814.944.465.654.734.243.662.7814.1814.5011.839.868.48
8.9%13.3%0.6%-10.6%-8.3%-3.4%14.3%17.4%-11.1%14.0%-17.4%-14.1%-16.5%-25.5%84.3%-0.6%-23.2%-24.6%-13.5%56.2%
2.6%3.3%0.1%-2.2%-1.8%-0.8%3.2%3.3%-1.7%2.3%-2.4%-2.2%-2.8%-4.9%19.9%0.0%-1.5%-1.9%-1.2%5.9%
8.948.804.361.821.96---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€1,170€18,379€4,049€469€502
€18,166€17,513€14,217€13,614€13,919

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SELECT MAGIC

The operating result for 2025 is 27% lower than in 2024.

Debt's share of the balance-sheet total falls from 70.3% to 66.3%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2024
Jozef Denys
Director (not named in the articles)
in office according to the deed of 19-01-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 23-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Externe vertegenwoordiging Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij…”
deed of 19-01-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Jozef Denys
Director (not named in the articles)
Els Zwaenepoel
Successor director (not named in the articles)
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • Jozef Denys
    • Director (not named in the articles), since before 31-12-2021
  • Els Zwaenepoel
    • Successor director (not named in the articles), appointed by deed of 19-01-2024, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Shareholders
Els Zwaenepoel, Jozef Denys
This company
SELECT MAGIC
Equity €97,828
Profit €8,684 in 2025

Capital

Contribution
€18,592.01
Source
2025 annual accounts

Articles of association

deed of 19-01-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of June at 19:00

Shareholders

Stated in the deed deed of 19-01-2024 ↗

Network & group

No group

SELECT MAGIC has no parent and no holdings in its annual accounts. Jozef Denys is the only director. SELECT MAGIC shares no director with another company.

Timeline

Timeline

48 events since 1987

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 8 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0431757292
Annual accounts 2024 filed PDFmicro format · 6 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 30 days late
Reappointment: Jozef Denys (director)Appointment: Els Zwaenepoel (successor director) · “SPECIFIEKE ACTIVITEITEN; ALGEMENE ACTIVITEITEN; BIJZONDERE BEPALINGEN; De vennootschap mag alle verrichtingen…” (deed in Dutch) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company7 points ▸
  • Legal-form conversion, from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company
  • Director reappointment, Jozef Denys (director (not named in the articles))
  • Director appointment, Els Zwaenepoel (successor director (not named in the articles))
  • Registered office clause, Pilkemseweg 139 bus A, 8904 Ieper (Boezinge)
  • Power of attorney, Celine De Brabandere
  • Els Zwaenepoel holds 10 shares
  • Jozef Denys holds 390 shares
  • The deed holds 9 more points.

Open the deed in the Belgian Official Gazette

2023
Back to profit net €501 The net result is €501, after 3 loss-making years.
Annual accounts 2022 filed PDFmicro format · 13 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 4 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 1 day before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 31 days late
2019
Annual accounts 2018 filed PDFmicro format · 61 days late
2018
Back to profit net €14,176 The net result is €14,176, after one loss-making year.
Annual accounts 2017 filed PDFmicro format · 31 days late
2017
Annual accounts 2016 filed PDFmicro format · 28 days late
2016
Back to profit net €10,467 The net result is €10,467, after 4 loss-making years.
Annual accounts 2015 filed PDFabbreviated format · 30 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 24 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 28 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 30 days late
2012
Weakest financial year net -€25,615 The net result drops to -€25,615, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2011 filed PDFabbreviated format · 29 days late
2011
Back to profit net €106,240 The net result is €106,240, after 4 loss-making years.
Equity above €100,000 equity €126,026 ▲537% Equity rises from €19,786 to €126,026.
Annual accounts 2010 filed PDFabbreviated format · 2 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 13 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 24 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 24 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 30 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
Annual accounts 1990 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1989
Annual accounts 1988 filed PDFabbreviated format
1987
First establishment Pilkemseweg 139A, Ypres
Incorporation published on 16-09-1987

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 19 August 1987, SELECT MAGIC was incorporated.1 Total assets went from €425,960 in 2018 to €335,506 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0431.757.292
VAT number
BE 0431.757.292
Peppol ID
0208:0431757292
Other Peppol ID
9925:BE0431757292
Legal form
Private limited company
Status
Active, normal situation
Founded
19-08-1987
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of June at 19:00
deed of 19-01-2024 (in Dutch)
Peppol
Reachable since 03-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SELECT MAGIC in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 19-01-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 19-01-2024 (in Dutch)

Activities

NACEBEL 2025
47789 Other retail sale of new goods main activity
46497 Wholesale trade
47640 Retail sale of games and toys
Codes under NACEBEL 2008
47789 Retail trade main activity
46497 Wholesale trade
47650 Retail trade
Codes under NACEBEL 2003
51476
52489
PurposeThe purpose describes the activities the company may carry out under its articles.
“SPECIFIEKE ACTIVITEITEN; ALGEMENE ACTIVITEITEN; BIJZONDERE BEPALINGEN; De vennootschap mag alle verrichtingen stellen van…”
31 activities
  1. SPECIFIEKE ACTIVITEITEN
  2. ALGEMENE ACTIVITEITEN
  3. BIJZONDERE BEPALINGEN
  4. De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen.
  5. De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp.
  6. Bovenvermelde opsomming is niet beperkend,zodat de vennootschap alle handelingen kan stellen,die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp.
  7. De vennootschap mag haar voorwerp verwezenlijken zowel in België als in het buitenland,op alle wijzen en manieren,die zij het best geschikt zou achten.
  8. De vennootschap mag geenszins aan vermogensbeheer of beleggingsadvies doen als bedoeld in de Wetten en Koninklijke Besluiten terzake.
  9. De vennootschap zal zich dienen te onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen voor zover de vennootschap zelf niet aan deze bepalingen voldoet.
  10. De aan-en verkoop,de klein-en groothandel,de in-en uitvoer,de fabricatie en de herstelling,het huren en verhuren,zowel voor eigen rekening als voor rekening van derden,van goochel-,feest- en artiestenartikelen in de meest ruime zin van het woord met inbegrip van artiestenkledij en-attributen allerlei,alsmede alle hiermee samenhangende artikelen en producten,evenals het verlenen van alle daarmee verband houdende diensten;
  11. De organisatie van en de deelname aan beurzen met betrekking tot hogergenoemde artikelen,producten en diensten,en cursussen met betrekking tot het goochelen en andere artiestennummers;alsmede het zelf uitvoeren van goochel-en artiestennummers;
  12. Het uitvinden en ontwerpen van magische effecten en toestellen en het bouwen van de eerste prototypes;
  13. Het uitvinden,opstellen en schrijven van magische effecten,manuscripten,boeken en handleidingen;
  14. Adviesverlening en coaching voor artiesten,derde personen in de ruimste zin van het woord;
  15. De handel onder al haar vormen,(en onder meer) de invoer of uitvoer,aankoop of verkoop,daarin begrepen e-commerce,in groot-of kleinhandel,vervoer,huur,verhuur,vertegenwoordiging,promotie,installatie,fabricatie,transformatie van allerhande goederen in de meest ruime zin;
  16. Koerierdiensten en posterijen;
  17. Transport van goederen,nationaal en internationaal;
  18. Verzamelen,vervoeren en afleveren van pakketpost en pakjes door andere bedrijven dan de nationale posterijen waarbij gebruik gemaakt wordt van diverse takken van vervoer;
  19. Diensten in verband met vervoer ter land,ter lucht en ter water;
  20. Overige ondersteunende activiteiten inzake vervoer;
  21. De publiciteit,reclame,marketing en algemene communicatie onder alle vormen en het uitvoeren van alle werken die voor de verwezenlijking van publiciteit,reclame,marketing en algemene communicatie noodzakelijk zijn,zonder enige beperking;
  22. Het ontwerpen,bewerken en hosten van websites en webshops;
  23. Het vervaardigen,ontwerpen,openen,beheren en commercialiseren van een webshop en soortgelijke onlineplatforms,alsmede de onlinemarketingcommunicatie hiervan;alle mogelijke commerciële activiteiten hieraan verbonden;
  24. Het online aan- en verkopen via internet en via webshop van goederen en diensten,in de meest brede zin te interpreteren;
  25. Het verwerken van alle gegevens die ter kennis komen van de vennootschap via webshop,onlineplatformen en via eender welke andere vorm van gegevensdoorstroming;
  26. Alle activiteiten in verband met e-commerce;
  27. De publiciteit,reclame,marketing en algemene communicatie onder alle vormen en het uitvoeren van alle werken die voor de verwezenlijking van publiciteit,reclame,marketing en algemene communicatie noodzakelijk zijn,zonder enige beperking;
  28. De organisatie van onder meer evenementen,beurzen,markten,seminaries,cursussen,opleidingen,studiedagen,conferenties,stages,ateliers,webinars,uitwisselingen en ontmoetingen betreffende de onderwerpen vervat in het voorwerp van de vennootschap.
  29. Het organiseren en inrichten van evenementen,tevens in de ruimste zin van het woord en alle daarbij horende randactiviteiten;
  30. Tussenpersoon in handels-en ondernemingsaangelegenheden;
  31. Het verstrekken van adviezen in de meest ruime zin van het woord.
deed of 19-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Pilkemseweg 139 registered office 8904 Ypres
Pilkemseweg 139A 8904 Ypres 02-09-1987 2.030.095.479

Buildings and parcels at the addresses

Ground area
1,077 m²
Buildings
174 m²
Volume, LiDAR
668 m³
Tallest building
9.1 m
Buildings to scale, each on its own parcel
104 m², 9.1 m 70 m², 3.7 m 104 m², 9.1 m 70 m², 3.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
33003B0607/00C000842 m² 1 · 70 m² 3.7 m · 1
33003B0602/00N000235 m² 1 · 104 m² 9.1 m · 1

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